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Wednesday, October 28, 2015
Tuesday, October 27, 2015
Who’s using HelloChinese?
via Sinosplice » Life http://ift.tt/1GFmIpJ : My friend and former co-worker from ChinesePod, Vera, is working at a new app-focused startup in Beijing. The app is called HelloChinese, and it is heavily inspired by Duolingo. The first Chinese learning app to do its own version of Duolingo for Chinese was ChineseSkill, and now that app has got competition. (Meanwhile, Duolingo is taking its sweet time coming out with a Chinese course.) I’m preparing to start re-examining all the best apps out there for …
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Ctrip, Qunar End China’s Biggest Online Travel Rivalry With Multi-Billion Dollar Partnership
via TechNode http://ift.tt/1GDeZrY : The spate of consolidations between Chinese tech companies continues as yet another industry rivalry is settled in a multi-billion dollar partnership. Ctrip.com International Ltd. and Baidu-backed Qunar Cayman Islands Ltd. have announced a matchup today that will have a valued worth of approximately $15.6 billion USD. Unlike other recent match-ups in the market, Qunar and Ctrip’s partnership involves a share swap rather than a straight acquisition or a merger. Baidu will take on 25% of Ctrip, while Ctrip will take approximately 45% of Qunar. Ctrip CEO James Liang will join Qunar’s board of directors along with COO Jane Sun. Baidu CEO Robin Li and Tony Yip, head of Baidu investments, will join Ctrip’s board in return. Ctrip is worth roughly double Qunar at $10.6 billion USD. The larger company attempted a complete buyout of Qunar just under six months ago, but the deal was rejected. According to Bloomberg data, the latest partnership bring the total value of Chinese internet deals to $62.5 billion USD over the past year. Major deals include the $6 billion USD merger between Alibaba’s Kuaidi Dache and Tencent’s Didi Dache and the $15 billion USD matchup between Dianping and Meituan. Baidu has been aggressively investing in its O2O services in 2015, a strategy that has seen it cut deeply into net profits. Like other internet giants they have been heavily subsidizing several of their services, including group-buying site Nuomi and Qunar, in an attempt to grab market share early. It’s a strategy that is seeming more and more logical as tech giants strive to monopolize the market through multi-billion dollar partnerships. Buying into such a large cut of the online travel industry is a long awaited win for Baidu, who have found themselves on the outskirts of an increasingly close relationship between contemporaries Tencent and Alibaba. Baidu’s Nuomi competes directly with the newly merged Meituan-Dianping duo, a partnership between stakes held by Alibaba and Tencent. At the same time the Baidu-backed Uber China arm is in fierce competition with the Ali-Tencent ride-hailing giant Didi Chuxing (Didi Kuaidi). Both Tencent and Alibaba have made their respective investments in online travel, though the latest matchup between Ctrip and Qunar easily makes up the largest single online travel service in the market.
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Saturday, October 10, 2015
All Chinese citizens now have a score based on how well we live, and mine sucks
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Friday, October 9, 2015
Alibaba’s online mutual fund Yu’ebao dips to historic lows
via Tech in Asia http://ift.tt/1NrBSRS : Alibaba's Yu'ebao money market fund sank below 3 percent yield for the first time ever. What gives?
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Tuesday, October 6, 2015
Li Kinwu, l'humour face à l'absurde
via Les blogs du Diplo http://ift.tt/1Mcu9kK :
Le premier des trois tomes de « La Vie chinoise », formidable fresque en bande dessinée de l'histoire contemporaine de la Chine, ne fut publié qu'en France. Depuis, Li Kinwu a été reconnu dans son propre pays et poursuit son travail, à la fois pictural et écrit. Ses dessins, qui offrent un regard original sur la Chine d'aujourd'hui, sont exposés à Angers jusqu'au 29 novembre. Philippe Pataud Célérier, un des commissaires de cette exposition avec Geneviève Clastres, nous livre ici sa préface du catalogue. (...)
- Planète Asie / Chine, Art, Histoire, Photographie, Bande dessinée
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